Amendment to prohibit the use of funds to designate any nonbank financial company as "too big to fail" or as a "systemically important financial institution" or to make a determination that material financial distress at a nonbank financial company could pose a threat to U.S. financial stability.

1. Adds Sec. __. None of the funds made available by this Act may be used to-- at the end of the bill

   Adds a section

   Inserted: Sec. __. None of the funds made available by this Act may be used to--

   Inserted: (1) designate any nonbank financial company as "too big to fail";

   Inserted: (2) designate any nonbank financial company as a "systemically important financial institution"; or

   Inserted: (3) make a determination that material financial distress at a nonbank financial company, or the nature, scope, size, scale, concentration, interconnectedness, or mix of the activities of such company, could pose a threat to the financial stability of the United States.

   Original wording

   At the end of the bill (before the short title), insert the following:

Read automatically from the Congressional Record. Check the original before relying on it.

As printed